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Sep 27, 2012
09/12
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we have tremendous deficit. fiscal cliff, health care, it is enormously expensive, it is driving a problem. one of the biggest reasons for dead. >> we need to fix the problems facing people throughout the years. ashley: very good. paul howard, thank you for being here. okay, so if you are fired up about this or any others, send us an e-mail at fox business.com. gerri willis at fox business.com. >> new numbers are out. rich edson is here with the latest details next. this used to be a land where americans dreams come true. did the golden state loses shine for dead? michael reagan weighs in. you play your cards right, you, too, can cash them at mitt romney did on his tax returns. we are on the case on "willis report" yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to
we have tremendous deficit. fiscal cliff, health care, it is enormously expensive, it is driving a problem. one of the biggest reasons for dead. >> we need to fix the problems facing people throughout the years. ashley: very good. paul howard, thank you for being here. okay, so if you are fired up about this or any others, send us an e-mail at fox business.com. gerri willis at fox business.com. >> new numbers are out. rich edson is here with the latest details next. this used to be...
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Sep 25, 2012
09/12
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CURRENT
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burdens would stay the same for the rich and would go down for the middle class all without raising the deficit. while even conservative economists cannot make those numbers add up. martin feld stein of the national bureau for economic research finds romney's new tax rates would cost trillions of dollars. closing tax loopholes will not pay for that. he would need to get rid of middle class deductions which then effectively raises middle class rates. that study confirms a finding from the tax policy center earlier this year. another new study is finding women are making less than men in 97% of congressional districts. that comes from the national partnership for women and families and it means there are only 13 districts in this entire country where women and men are being paid equally. some of the nation's worst districts for women's pay come from louisiana and virginia where women are making just more than 60 cents for every dollar a man earns. more bill press coming up live after the break. stay with us. we have a big, big hour and the i.q. will go way up. how are you ever going to solve the
burdens would stay the same for the rich and would go down for the middle class all without raising the deficit. while even conservative economists cannot make those numbers add up. martin feld stein of the national bureau for economic research finds romney's new tax rates would cost trillions of dollars. closing tax loopholes will not pay for that. he would need to get rid of middle class deductions which then effectively raises middle class rates. that study confirms a finding from the tax...
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Sep 27, 2012
09/12
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FOXNEWS
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over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a fat guy tweaking. >> do we even know what kind of dog? >> dana: i don't really -- >> eric: talk walking down the street -- >> greg: who speaks for eaten dog. >> bob: good example of -- do go ahead. >> eric: to give you an example. okay. so -- [over talking ] under president obama whic thiss what we have gotten. $100, economic activity. it cost us $3 trillion. $300 in debt. but to get $300 in debt, you have to spend $700. you have to spend $700 to get the $100 economic activity under president obama. >> kimberly: don't give that to bob. >> eric: give me a
over the last four years the deficit has gone up. but 90% of that is consequence of two wars that weren't paid for. prescription drug plan that wasn't paid for. worst economic disaster since depression. >> dana: he got four pinocchios. >> greg: nobody is buying this. this is presidential equivalent of the dog ate my homework or the president ate my dog who ate my homework. let it go. it's over. both parties are to blame about spending. but he tied a rocket to it. you know? that is a...
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Oct 1, 2012
10/12
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than you produce, but trade deficit was not a great concern, but over time with the deficit, that's going -- you'll pay for that one way or another. in the current campaign, one of the commercials broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a fair fight? is that a fair issue? >> guest: you know, china has to live up to its obligations under the world trade organization like anyone else, but, you know, here we in the mall, washington monument there, white house there, constitution avenue. when you see the chinese feeling what really is of value, it's hiding in plain sight, the declaration of independence and the bill of rights, then you should start to worry, but if they cheat here and there, they take the next thing we produce because we have that incredible foundation here of rule of law, protection of property, and a wonderful soc
than you produce, but trade deficit was not a great concern, but over time with the deficit, that's going -- you'll pay for that one way or another. in the current campaign, one of the commercials broadcast in some of the battleground states like this area is the china commercial, mitt romney accusing president obama of allowing the chinese to cheat as it were, and that manufacturing jobs for the first time, more manufacturing jobs in china and the obama administration's responding. is that a...
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Oct 1, 2012
10/12
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if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the book, what i attempt to do is take people to the presidents and leaders and tell you exactly because of the luxury of time and my publisher, simon & schuster, i declined to get the meeting notes to get the exact detail to interview president obama and speaker boehner and the key players in this. i just want to take one quick snapshot from what happened that we didn't know about, which is critical. when the cops pull up less when the president was upset, he called the congressional leaders on a saturday morning at 11:00 o'clock a.m. the democratic and republican leaders were trying to work out their ow
if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president biden's chief of staff, talking about the economic crisis in 2011, that's exactly what is going on. there is so much evidence that it is the biggest future. we are on the path becoming europe and greece. you just can't keep borrowing money. there is a stunning and fiction in this country, and we need some sort of we need some serious intervention. in the...
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Sep 29, 2012
09/12
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FBC
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they knew they would have a one billion dollar deficit last year. on top of that they will add unscheduled pay hikes negotiated by the union. the situation is getting worse and getting worse quickly. melissa: you say if they decide to borrow. what else could they do? >> there aren't too many options. the revenue option is basically shut down. chicago property taxes are high. the growth is capped. chicago already increased excise taxes and allocated money elsewhere. not like the state government can come riding to the rescue. everyone knows illinois is broke. a federal bailout would have a lot of problems. it is unclear how the district will solve its mess. melissa: they pay 3.5% to borrow which may or may not sound like a lot, but if you compare to other places they pay 1.5% and some say that could go all the way up to 5% because they don't look responsible in their finances to the various bond rating agencies. do you think that is the case that, it could go up to five? >> you know it could go up. problem of rising interest rates and pool of discour
they knew they would have a one billion dollar deficit last year. on top of that they will add unscheduled pay hikes negotiated by the union. the situation is getting worse and getting worse quickly. melissa: you say if they decide to borrow. what else could they do? >> there aren't too many options. the revenue option is basically shut down. chicago property taxes are high. the growth is capped. chicago already increased excise taxes and allocated money elsewhere. not like the state...
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Sep 25, 2012
09/12
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but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in the "a" block from the obama campaign just now. we can say why do they do it that way? >> bob: oh, this one. sorry. >> kimberly: the interview, we don't have time to show the thought of it. but the biggest disappointment depends on the audience. if it's univision, it's immigration. if it's "60 minutes" it's i can't change the tone in washington. but this just in. first picture of president obama and mrs. obama in the taping of "the view" today. you got to love that. >> bob: nice picture. >> kimberly: coming up. did they have ambassador stevens on the hit list before he was killed in libya? the ambassador thought so.
but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in...
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Oct 2, 2012
10/12
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it seems do-able on paper, but, remember, a a lot of daylight on deficit reduction between republicans and democrats such as would gets the tax cuts and what and how federal government should be cut. those are and will be pitched battles on capitol hill. >>neil: ahead the debate, we will just say our denver fans are out in force. they must have known i would be wearing body paint. they heard that neil cavuto is coming to town and boy do we have great debate coverage planned for them and all of you at 4:00 p.m. eastern. in florida, republican congressman west has been making news and we have former governor wilder, and former governor giuliani and former debt commission co-chair, alan simpson and sarah palin joining us, home depot founder, the democratic mayor of los angeles, as well. watch us. you can tivo bret baier. he is okay with it. the guy is a saint. a saint. anyway, bucking china in the buckeye state. telling companies to lay off the lay off notices five weeks ahead of the election. do you notice a pattern here? we do. you report. you decide. the world needs a broader mix of en
it seems do-able on paper, but, remember, a a lot of daylight on deficit reduction between republicans and democrats such as would gets the tax cuts and what and how federal government should be cut. those are and will be pitched battles on capitol hill. >>neil: ahead the debate, we will just say our denver fans are out in force. they must have known i would be wearing body paint. they heard that neil cavuto is coming to town and boy do we have great debate coverage planned for them and...
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Sep 25, 2012
09/12
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WJLA
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you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve millio new jobs in four years. i'm mitt romney and i approve this message. come on, kids, we've got to go. [ knocking ] oh, no, i got to go. oh, can you make that to go? these days, nobody has time to get sick. but minuteclinic makes it easy to get well. our nurse practitioners can diagnose and write prescriptions for everything from strep throat to sinus infections with no appointment necessary, so you can feel better in no time. you guys want to go to the park? yeah! yeah! minuteclinic, the medical clinic in cvs/pharmacy. accepts united healthce benefit plans. find a clinic near you at minuteclinic.com. captioned by the national captioning institute --www.ncicap.org-- >> in a speech to the united nations general assembly, the president called a nuclear iran and tried to the existence of israel. he also condemned recent violenc
you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve millio new jobs in four years. i'm mitt romney and i approve this message. come on, kids, we've got to go. [ knocking ] oh, no, i got to go. oh, can you make that to go? these days, nobody has time to get sick. but minuteclinic makes it easy to get...
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Sep 26, 2012
09/12
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,deficit. just us them to explain how the numbers work, because they do not. they do not have a deficit reduction plan. they have a deficit expansion plan. governor romney may think it is fair that someone who makes $20 million a year like he does should play a lower rate. do not boo. vote. i do not think that is fair. i do not think it helps the economy grow, so we cut taxes. we want to keep taxes for 97% of americans, and you have a so you may end up trading in that car. what happens when you spend money? that means businesses have more customers. and they hire more workers. that is what we can do to the economy. that is what we can do today, so i am looking forward to working with republicans to reduce our deficit, but i refuse to us middle-class families to give up their deductions to pay for another millionaire tax cut. [applause] i refuse to ask all the students to pay more for college or to kick children off the headstart program so i can take a tax break we do not need. [applause] we're
,deficit. just us them to explain how the numbers work, because they do not. they do not have a deficit reduction plan. they have a deficit expansion plan. governor romney may think it is fair that someone who makes $20 million a year like he does should play a lower rate. do not boo. vote. i do not think that is fair. i do not think it helps the economy grow, so we cut taxes. we want to keep taxes for 97% of americans, and you have a so you may end up trading in that car. what happens when you...
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Sep 28, 2012
09/12
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the fact of the matter is i have been working to bring down the deficit for years. it is very important we do it for the very reason that was stated about national security. let's examine the facts. my number one, too, and three priorities are creating jobs in the state of nevada. we help small businesses, make nevada the energy jobs capital of the united states, we create good paying jobs right here in the state of nevada, help our tourism industry create good paying jobs. my opponent does not do anything for middle income families. he does nothing to get people back to work. i am fighting day and night to make sure we get good paying jobs, that we keep people in their homes, that we protect medicare and social security. my opponent is voting for budget after budget that takes away and balances our budget on the backs of our senior citizens and our veterans. >> thank you. our next question is directed at senator heller. >> into 2011, you voted twice, once as a congressman and once at a senator, for a plan that would change the medicare program. could you explain yo
the fact of the matter is i have been working to bring down the deficit for years. it is very important we do it for the very reason that was stated about national security. let's examine the facts. my number one, too, and three priorities are creating jobs in the state of nevada. we help small businesses, make nevada the energy jobs capital of the united states, we create good paying jobs right here in the state of nevada, help our tourism industry create good paying jobs. my opponent does not...
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Oct 3, 2012
10/12
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in an overall match-up, but romney is ahead with independents and more think he can best handle the deficit. according to a new quinnipiac poll coming out one day before the first debate. >> i'm delighted we'll have three debates. it will be a conversation with the american people that will span almost an entire month. we'll get to describe our respective views. >> reporter: the debate stage is nearly set at university of denver as both candidates work on final prep for the first match-up that focuses on domestic policies. romney is practicing at his colorado hotel, but he's been doing mock debates for weeks with ohio senator rob portman standing in as the president. >> i think romney has to throw the president off stride and get under his skin. maybe he mentions president obama's penchant for playing golf when the economy is souring. >> reporter: the president is prepping in nevada where he's said to be working on shorter answers and staying calm no matter what criticisms are leveled against him. >> basically they're keeping me indoors all the time. it's a drag. they're making me do my hom
in an overall match-up, but romney is ahead with independents and more think he can best handle the deficit. according to a new quinnipiac poll coming out one day before the first debate. >> i'm delighted we'll have three debates. it will be a conversation with the american people that will span almost an entire month. we'll get to describe our respective views. >> reporter: the debate stage is nearly set at university of denver as both candidates work on final prep for the first...
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Oct 2, 2012
10/12
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CNNW
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issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >> chris wallace kept trying but came away empty-handed. he's not the only one. take a look. >> which of the deductions are you going to be willing to eliminate? which of the tax credits are you going to -- when are you going to be able to tell us that? >> we'll go through that process with congress. >> give me an example of a loophole that you will close. >> i can tell you that people at the high end, high income taxpayers, are going to have fewer deductions and exemptions. >> mitt romney and i based on our experience think the best way to do this is to show the framework, show the outlines of these plans
issues like cutting taxes without ballooning the deficit or burdening the middle class. the romney campaign has been asked again and again for specifics. here's running mate paul ryan just yesterday on fox news. >> there's been a traditional democrat and republican consensus lowering tax rates by broadening the tax base works. and you can -- >> i have to -- you haven't given me the math. >> well, i don't have -- it would take me too long to go through all of the math. >>...
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Sep 26, 2012
09/12
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wendell, how big is governor romney's lead on the deficit issue? >>guest: four points. a new poll, after four years of trillion dollar deficits, that may not be ohio voters' most important economic concern given they prefer president obama as governor romney as the candidate who does a better job on the economy. a spokesman said "as time progresses the field is looking like it is narrowing for them. in that sense we would rather be us than them." romney officials accuse the obama camp of spiking the ball on the 30-yard line. press secretary carney said the real question is, what would the replacement refs do if someone spiked the ball on the 30. >>shepard: that is an interesting point. chinese trade practices on the campaign trade today was a talker. >>guest: rather than the auto bailout which is usually the subject in ohio, mitt romney says that china's cheating costs jobs. he promised to crackdown on subsidies and currency manipulation. the president has won twice as many trade cases against china in four years, he says, as the predecessor did in eight years. today hi
wendell, how big is governor romney's lead on the deficit issue? >>guest: four points. a new poll, after four years of trillion dollar deficits, that may not be ohio voters' most important economic concern given they prefer president obama as governor romney as the candidate who does a better job on the economy. a spokesman said "as time progresses the field is looking like it is narrowing for them. in that sense we would rather be us than them." romney officials accuse the...
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Sep 25, 2012
09/12
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FBC
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the 2 trillion spending cut for the president is not cutting the deficit it's lowering the rate of deficit and whatever cuts they are, take place down the road. and i digress, the president doesn't mention obamacare. that simply isn't part of his campaign and yet, that's the major achievement, i thought, of his first term. why is he running away from that as well the debt? >> i don't think he's running away from either. the president's speech at the convention, today as a result of his policies. people can't be kicked off because of pre-existing conditions, there are no lifetime-- there are kids treated for cancer today because of his policy that would have-- because of his policies that would have been denied coverage just a year ago. so the reality is he's talked about the impact that the health care policy had and tremendously positive. in fact for a lot of americans. those who have to repeal it have to figure out what to say to the parents who are getting the treatment that wouldn't otherwise. stuart: and nancy pelosi, speaker pelosi says, everybody knows it, president obama is going t
the 2 trillion spending cut for the president is not cutting the deficit it's lowering the rate of deficit and whatever cuts they are, take place down the road. and i digress, the president doesn't mention obamacare. that simply isn't part of his campaign and yet, that's the major achievement, i thought, of his first term. why is he running away from that as well the debt? >> i don't think he's running away from either. the president's speech at the convention, today as a result of his...
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Sep 28, 2012
09/12
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s debtore anus >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the be >> he needs tock wite s. abo t economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his bestonth in a year. >> trapofos washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. ory tel about mitt t romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that - what's the strategy here? how are we trying toin ts ra itorfi on their side. that's why they're so inefficient with their money. spending is a wreck. message is all over the p
s debtore anus >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the be >> he needs tock wite s. abo t economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating...
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Sep 29, 2012
09/12
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CSPAN2
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there is no one who is saying we should widen the deficit. everyone exceeds to it that the real debate is about how we get it done and also the nature of the government that is the consequence of how gets them. obviously government will grow. if you shrink the budget the government will retract and that has implications to the budget. it's an ongoing debate always in america but if you think about what has been accomplished in the last year everyone knows we have to solve the problem. how to solve what has resulted in an impasse and, but the fact that everybody agrees it needs to be solved is really the most important thing. >> but it seems to me that it's a math problem and as you said, if you have got you know slow but stable growth for an extended period of time here than ultimately the raponos have to go up and expenditures have to go down. neither of which is particularly healthy in terms of economic growth. if you have taxes going up in the united states and expenditures going down ultimately that has to happen if you are going to solve
there is no one who is saying we should widen the deficit. everyone exceeds to it that the real debate is about how we get it done and also the nature of the government that is the consequence of how gets them. obviously government will grow. if you shrink the budget the government will retract and that has implications to the budget. it's an ongoing debate always in america but if you think about what has been accomplished in the last year everyone knows we have to solve the problem. how to...
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Sep 25, 2012
09/12
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higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the highest rate. it is a five alarm fire at the way to address that is to increase taxes. >> i wanted to have a follow-up. i heard the interview last night, playing upper income and middle and come. -- income. they would not see their taxes changed overall. he talked about loopholes but did not go into specifics. help us understand what the dividing line is between middle income and upper income in his mind. >> i am not a psychic, it is not a conversation i have had. it is definitely where you draw the line between upper and middle in
higher deficits can do more damage. you know, the fact is, right now, i would recommend president obama use it in the debate. it is one of the reasons why we have the deficits. that is what they are doing. and so there is not corporate revenue being taxable revenue. the president's plan has been a little bit of moving pieces. they cut the rate to 28%. the president's position is that we should start from the position. we have the lowest corporate revenue to gdp that you could imagine with the...
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Sep 25, 2012
09/12
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specifics whether it's the american jobs act or whether it's his plan to responsible bring down the deficit by $4 trillion. this is specifics that are coming out of our ears specifics. mitt romney -- this debate and the issue you raised is more about how they see the country and mitt romney has made clear and i was watching that interview with absolute disbelief as i'm sure many americans were that he thinks people making $50,000 a year, that's a fire fighter, a nurse, a teacher, those people should pay 1 a. higher rate than people making millions. and this is a real difference between their views of the world, that i views of country and what their priorities are and how their prities will impact their plans. and that's a central debate in this election over the next 40 something days. >> i have to ask you, though, because you've been getting a lot of krcritics about the fact that the president would sit with the ladies "the view" and not take any one-on-ones. and nothing wrong with the interview with helthem, it's ju the timing. why not wait and instead of opening up such a vulnerable att
specifics whether it's the american jobs act or whether it's his plan to responsible bring down the deficit by $4 trillion. this is specifics that are coming out of our ears specifics. mitt romney -- this debate and the issue you raised is more about how they see the country and mitt romney has made clear and i was watching that interview with absolute disbelief as i'm sure many americans were that he thinks people making $50,000 a year, that's a fire fighter, a nurse, a teacher, those people...
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Sep 29, 2012
09/12
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it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a trillion dollars. how can that the right? the average income of those folks is $8.4 million the year. they do not need a tax cut. that what? middle-class families need a handout. they need a bit of help. [cheers and applause] a voted against extending the middle class tax cuts permanently. the voted against it. why? because they were holding it hostage to make sure they could continue the tax cuts i just mentioned. it almost sounds unbelievable. on top of the, how romney has another tax cut, costing the economy $1.70 trillion. g
it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a...
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Sep 25, 2012
09/12
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hard choices to be made but saying he's looking out for kids down the line and not having some larger deficit when they get out of school. that's going to do it for this hour. don't go anywhere, "now" with alex wagner is coming up. i know a lot to talk about beuse we've been seein both ckorthhis morning from cgi to the u.n. and now the mitt romney and education nation. >> it is a big day in the big apple, thomas, with everything from education, foreign policy and free speech on the menu. it is tuesday, september 25th, and this is "now." >>> joining me
hard choices to be made but saying he's looking out for kids down the line and not having some larger deficit when they get out of school. that's going to do it for this hour. don't go anywhere, "now" with alex wagner is coming up. i know a lot to talk about beuse we've been seein both ckorthhis morning from cgi to the u.n. and now the mitt romney and education nation. >> it is a big day in the big apple, thomas, with everything from education, foreign policy and free speech on...
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Sep 29, 2012
09/12
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there's no one who is saying we have to widen the deficit or the deficit, as wide as it is, it's not a problem. everyone exceeds to it, but the debate is about how to get it done, and also, the nature of the government that's the consequence of how it gets done. if you spend more, government grows. if you shrink the budget, government contracts, and that has implications for the republic that have been debated since jefferson and hmm lton. it's an ongoing debate always in america, but if you think about what's been accomplished in the last year, everyone knows we have to solve the problem. how we solve it resulted in the impasse, but the fact everyone agrees it needs to be solved is really the most important thing. >> but it seems to me that it's a math problem, and as you said, if you've got, you know, slow, but stable growth for an extended period of time here, then ultimately, revenues have to go up and expenditures have to go down. neither of which is particularly healthy in terms of fostering economic growth. if you have taxes going up in the united states and expenditures go do
there's no one who is saying we have to widen the deficit or the deficit, as wide as it is, it's not a problem. everyone exceeds to it, but the debate is about how to get it done, and also, the nature of the government that's the consequence of how it gets done. if you spend more, government grows. if you shrink the budget, government contracts, and that has implications for the republic that have been debated since jefferson and hmm lton. it's an ongoing debate always in america, but if you...
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government bonds issued by the treasury which then the treasury uses to pay down the debt to finance the deficit at a low levels so it's a very vicious cycle that maybe people aren't as aware of the impacts and we're going to talk about it right that's all coming up next on the capital account with lauren lester thanks lauren that's going to do it now for the news but you can always check out our you tube channel you tube dot com slash r t america our website our t.v. dot com slash usa follow me on twitter as well we'll be back here and a half hour. i've . not. easy to be. easy to. see.
government bonds issued by the treasury which then the treasury uses to pay down the debt to finance the deficit at a low levels so it's a very vicious cycle that maybe people aren't as aware of the impacts and we're going to talk about it right that's all coming up next on the capital account with lauren lester thanks lauren that's going to do it now for the news but you can always check out our you tube channel you tube dot com slash r t america our website our t.v. dot com slash usa follow...
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Oct 1, 2012
10/12
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FOXNEWS
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europe rallying from a 10-6 deficit to match the largest come back in the event's history. sinking the 14 st. and deciding -- the deciding point at the 18th hole. the mad dash for william mac ill roy who needed a police motorcade because he arrived 11 minutes before tee time. he forgot ill sinl tral time and not eastern time. >> he thought he was going to have enough time to warm-up. didn't have enough time to warm-up. >> that is stressful. >> that is the only thing on my tv. >> it is now 40 minutes past the hour. arnold schwarzenegger opens up for the first time about that affair. listen to this. >> she then says, hey, i think that joseph is your kid, and am i off here on this or not? >> more on that moment his wife maria schriver confronted him about his love child. >> it's the last chance to whens the question of the day amid the recent spike of insider attacks. >> let's span the globe to see what headlines are happening overseas. take a look at this. strong winds from a typhoon picking up a car sending it flying across the parking lot. wow. the video shot by a u.s. mari
europe rallying from a 10-6 deficit to match the largest come back in the event's history. sinking the 14 st. and deciding -- the deciding point at the 18th hole. the mad dash for william mac ill roy who needed a police motorcade because he arrived 11 minutes before tee time. he forgot ill sinl tral time and not eastern time. >> he thought he was going to have enough time to warm-up. didn't have enough time to warm-up. >> that is stressful. >> that is the only thing on my tv....
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Oct 3, 2012
10/12
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FOXNEWS
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trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college scholarships. we are on track to double renewable energy productions so we are creating the jobs of the future right here in america. he'll talk about both the progress we've made and layout a road map to create good-paying sustainable jobs to the middle class. bill: we are looking forward tonight. thank you for coming back here, ben. ben labolt from the obama team. good luck to you later tonight. andrea saul from the romney team, press secretary for mitt romney. good morning to you. i know you're looking forward to you tonight as well. >> goo
trillion dollar deficits for years now. what about those questions in. >> we are overcoming what was the worst recession since the great depression. we've mid a lot of progress. we are losing 800,000 jobs a month and obviously we've created more than 5 million jobs, but better off isn't good enough. we need to do more than that, we need to restore economic security for the middle class, that's why the president is invested in areas like education where we're double funding for college...
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Sep 25, 2012
09/12
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the reason was if he made them a permit, you would bust the deficit. it is time to let those tax cuts expire for those making more than $500,000. if they go back to where they were, we were in belt largest expansion in the history of the united states. fix medicare. allow negotiations for prescription drugs. that will save $240 billion over 10 years, and finally, takeaway subsidies from the big oil companies. they are very profitable, but they do not need our help. what you end up with then is not a $1 trillion problem. you end up with a problem in the $200 billion range. raising the ceiling, a default for the nation. he spoke out against the fairfax chamber and other chambers, and now he is saying, "wait a minute. we cannot make cuts." when he is running as the guy who wants to make cuts. he has more sides then a rubik cube. >> what your so-called plan would do to jobs. i think you should be taking into account what the impact is on jobs, and our economy, which is a major, major concern. you talked about bob mcdonnell and eric cantor. what they did wa
the reason was if he made them a permit, you would bust the deficit. it is time to let those tax cuts expire for those making more than $500,000. if they go back to where they were, we were in belt largest expansion in the history of the united states. fix medicare. allow negotiations for prescription drugs. that will save $240 billion over 10 years, and finally, takeaway subsidies from the big oil companies. they are very profitable, but they do not need our help. what you end up with then is...
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Sep 25, 2012
09/12
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percent of the americans not paying federal income taxes little decision has been given about debt and deficits of 58 million americans collecting more benefits than they pay in taxes. >> it disconnecting people of the cost of government and they will have a much bigger appetite for government spending as more and more americans don't pay taxes there's less resistance to programs that take money from everybody else. >> close to half don't pay federal income taxes some are retired elderly collecting social security and medicare the study excluded them. even without them the number of nontaxpayers risen from 21 percent in 1990 42 percent toda. government spending has grown to pace. >> the gobbling of the nonpayer rate associated with more than 200 billion about 213 billion in entitlement spending today. it is a big chunk of change a big part of the federal budget. >> 213 billion a year over 20-years the study found the number of nonpayers has increased the debt to gdp ratio by 14 points. those who don't pay federal income taxes pay other taxes. he and both parties expanded tax breaks for the work
percent of the americans not paying federal income taxes little decision has been given about debt and deficits of 58 million americans collecting more benefits than they pay in taxes. >> it disconnecting people of the cost of government and they will have a much bigger appetite for government spending as more and more americans don't pay taxes there's less resistance to programs that take money from everybody else. >> close to half don't pay federal income taxes some are retired...
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Sep 25, 2012
09/12
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if we want to look at the deficit, everybody knows the problem with the deficit. who do we think is more likely to deal with the deficit? someone who has run it up over a trillion dollars every year he has been in office? is that too is going to do it to? or do we think governor romney, a businessman who is committed to fiscal responsibility is going to do it? who is going to do it to? if the barack obama is in the white house four years from now, he will have appointed one half of all federal judges and he will have changed the complexion of the added states supreme court for decades. can we stand that in this country? is that what we want to? no. foreign affairs. the president of the united states went to new york today, yesterday. other presidents have gone to meet with world leaders to sit down with the israelis and other allies, people who he needs to understand. and interesting article this morning about his failure to do that. he went to new york not to meet with world leaders, he is on "the view." [booing] what a sense of priorities. he said after our amba
if we want to look at the deficit, everybody knows the problem with the deficit. who do we think is more likely to deal with the deficit? someone who has run it up over a trillion dollars every year he has been in office? is that too is going to do it to? or do we think governor romney, a businessman who is committed to fiscal responsibility is going to do it? who is going to do it to? if the barack obama is in the white house four years from now, he will have appointed one half of all federal...
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Oct 4, 2012
10/12
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in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama was running for presidency. that is when i was interested in politics. i began setting it and realized i disagreed a lot with what he was saying. that is when i started paying attention to it. >> what you're are you in school right now? >> i'm currently a junior. -- what year are you in in school or not? >> i am currently a junior. >> what about after college? >> i am not entirely sure right now. >> where will you be watching? >> i will probably be with the rest of my fellow classmates. >> what will you be looking for? >> iowa looking to see how each candidate differs
in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama...
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Sep 27, 2012
09/12
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deficit reduction enacted now with enforceable limitation of limited period down the road would provide time, hopefully, for recovery to take gold and could contribute significantly to that recovery by ginger in economic confidence and by creating a fiscal content that would allow a stimulus. more broadly, the hamilton project convenes to liberation of her aspects of our broader shorter-term duress, including stimulus and mortgage relief. but our primary focus continues to be long-term economic policy. turning to the longer-term, our country has enormous strengths, dynamic and entrepreneur culture or ask not your resource, rule of law, flexible labor and capital markets, and so much else. dust, -- that's there are immediate hardships to be addressed. we are well-positioned to succeed for the transforming global economy. however realizing that potential requires sound fiscal conditions instead of the current unsustainable and dangers fiscal trajectory, strong public investment in areas critical to economic success, and reform in non-budgetary areas such as health care, energy, immigratio
deficit reduction enacted now with enforceable limitation of limited period down the road would provide time, hopefully, for recovery to take gold and could contribute significantly to that recovery by ginger in economic confidence and by creating a fiscal content that would allow a stimulus. more broadly, the hamilton project convenes to liberation of her aspects of our broader shorter-term duress, including stimulus and mortgage relief. but our primary focus continues to be long-term economic...
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Sep 25, 2012
09/12
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dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by reducing spend reforming entitlements over the long term. taxing the rich will make barely any difference . it is a political slogan. >> steve: right now the president wants to get reelected so he has the key to air force one. >> he thinks that if you tax the rich that brings in votes. >> steve: we are talking about increasing the taxes on the rich. what people forget about. taxes for everyone are scheduled to go up next year. >> yes, they will. >> steve: everybody is going to get whacked. >> if you made a list of all of the ta
dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by...
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Sep 26, 2012
09/12
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FBC
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and it would also help close the budget deficit. melissa: that is genius. has anyone talked about seriously doing this you think? >> people are gradually getting. i live in colorado but i spent some time in washington and i've been needling people about this for a year saying as we talk about the budget deficit after the election this, is one of the contributions. given all the increase in production from the bakken, from eagle shale and so on, we don't need so much. we need all the sources. also the u.s. government for 40 years or so, maybe 60 has been selling off strategic stocks it doesn't need. sold off the tin strategic stock. sold off helium strategic stock. this serve as purpose after the --. melissa: phil, love it. it is a interesting and provocative idea. you have to come back on and tell me if you hear it getting any traction. >> i will keep in touch. it is a lot of fun, thank you. melissa: thank you so much of. >> bye. melissa: all right, iranian president mahmoud ahmadinejad speaking at the u.n. today. his words and timing are causing controvers
and it would also help close the budget deficit. melissa: that is genius. has anyone talked about seriously doing this you think? >> people are gradually getting. i live in colorado but i spent some time in washington and i've been needling people about this for a year saying as we talk about the budget deficit after the election this, is one of the contributions. given all the increase in production from the bakken, from eagle shale and so on, we don't need so much. we need all the...
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Sep 25, 2012
09/12
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he will bring the deficit down. he didn't. he doubled it. he is going to get more people working. he didn't. we still have over 8 percent unemployment. his plan is another stimulus. how did that first one go? how about $800 billion. how much did you get? it was "cash for clunkers", did you get help from that? no, no, his idea now, he has one new idea. i admit he has one thing he did not do in the first four years, he said he will do it in the next four years, which is to raise taxes. is there anyone who thinks that raising taxes will help grow the economy? no, his plan is continue what he has done before. status quo has not worked. we cannot afford four more years of president obama of the we will not have four more years of president obama. his plan and his approach says fundamentally that government knows better than you how to live your life, how to pick winners and losers, how to choose companies that can be successful and products that have a future. that a group of bureaucrats, real smart people, working hard -- they are good people who work in washington -- he has a view th
he will bring the deficit down. he didn't. he doubled it. he is going to get more people working. he didn't. we still have over 8 percent unemployment. his plan is another stimulus. how did that first one go? how about $800 billion. how much did you get? it was "cash for clunkers", did you get help from that? no, no, his idea now, he has one new idea. i admit he has one thing he did not do in the first four years, he said he will do it in the next four years, which is to raise taxes....